HKG:1456 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,130	2,009	397.42	671.32	767.29	888.64
Depreciation & Amortization, Total	297.07	297.07	206.18	171.87	117.9	158.74
Gain (Loss) On Sale of Investments	274.29	274.29	932.36	-713.11	-537.1	-249.94
Change in Accounts Payable	-4,676	-4,676	5,519	-1,751	-385.3	1,855
Change in Other Net Operating Assets	5,069	5,069	-466.5	8,119	6,501	1,054
Other Operating Activities	4,528	-143.57	269.33	343.54	267.59	336.1
Operating Cash Flow	-5,383	-10,176	8,177	779.79	1,955	-6,855
Capital Expenditures	-317.13	-282.89	-154.53	-198.54	-112.42	-106.72
Cash Acquisitions	5,949	5,949	-	-2,213	-	-
Investment in Securities	6,035	2,571	1,055	825.86	-2,516	-6,473
Other Investing Activities	-18,121	672.11	472.89	587.88	416.99	256.22
Investing Cash Flow	-6,407	8,957	1,374	-904.82	-2,164	-6,322
Short-Term Debt Issued	-	-	-	-	-	38.27
Long-Term Debt Issued	-	21,400	11,633	19,172	18,381	15,321
Total Debt Issued	23,920	21,400	11,633	19,172	18,381	15,359
Short-Term Debt Repaid	-	-	-	-	-38.27	-
Long-Term Debt Repaid	-	-12,984	-12,606	-14,688	-15,879	-10,430
Total Debt Repaid	-13,283	-12,984	-12,606	-14,688	-15,917	-10,430
Net Debt Issued (Repaid)	10,638	8,415	-973.4	4,484	2,464	4,929
Issuance of Common Stock	-	1,923	-	-	-	4,983
Common Dividends Paid	-238.58	-318.11	-402.11	-	-283.18	-285.37
Other Financing Activities	-1,118	-1,087	-886.01	-763.42	-645.7	-451.17
Financing Cash Flow	9,219	8,933	-2,262	3,721	1,535	9,176
Foreign Exchange Rate Adjustments	-6	-8.83	2.21	1.3	3.35	-2.57
Net Cash Flow	-2,578	7,705	7,292	3,597	1,329	-4,004
Free Cash Flow	-5,701	-10,459	8,023	581.25	1,842	-6,961
Free Cash Flow Growth	-	-	1280.26%	-68.45%	-	-
Free Cash Flow Margin	-64.33%	-121.90%	278.37%	18.55%	64.94%	-212.20%
Free Cash Flow Per Share	-0.98	-1.86	2.83	0.20	0.65	-2.79
Cash Interest Paid	1,623	1,770	1,367	1,204	1,033	801.52
Cash Income Tax Paid	633.55	583.35	42.75	46.99	164.04	217.12

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.